Southern Africa

South African mines minister Ngoako Ramatlhodi said on Tuesday there was "no consensus" with industry over a mandated target of 26 percent black ownership by 2014, forcing the government to resort to the courts over the matter.

The International Monetary Fund on Tuesday applauded Zambia's efforts to resolve tax issues in its copper mining industry but warned that only further tightening of fiscal and monetary polices would contain the country's large deficits.